---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-267483"
form_type: "8-K"
ticker: "TALO"
cik: "0001724965"
company_name: "TALOS ENERGY INC."
filed_at: "2025-11-06T23:59:59+00:00"
generated_at: "2026-05-16T23:50:52.027374+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Talos Q3 2025 net loss $95.9M; production beat, $103.4M adj. free cash flow, Daenerys discovery

## Summary
- Production averaged 95.2 MBoe/d (70% oil, 76% liquids). Net loss $95.9M ($0.55/diluted) including $60.2M non-cash ceiling test impairment.
- Adjusted net loss $33.0M ($0.19/diluted). Adjusted EBITDA $301.2M. Capital expenditures $104.6M.
- Generated adjusted free cash flow of $103.4M. Repurchased 5.0M shares for $48.1M; over $100M returned to shareholders year-to-date.
- Announced discovery at Daenerys exploration prospect; appraisal well planned for Q2 2026.
- Improved FY2025 guidance: higher production, lower opex and capex. Optimal Performance Plan achieved $40M (exceeded $25M target).

## SEC filing metadata
- accession: 0001193125-25-267483
- form_type: 8-K
- ticker: TALO
- cik: 0001724965
- company_name: TALOS ENERGY INC.
- filed_at: 2025-11-06T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1724965/000119312525267483/0001193125-25-267483-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1724965/000119312525267483/talo-20251105.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-267483
- JSON: https://secwatch.observer/filing/0001193125-25-267483.json
- Plain text: https://secwatch.observer/filing/0001193125-25-267483.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.